Resolute Longs Keep The Precious Metals Strong!
Great and Wonderful Thursday Morning Folks,
Even though the shorts tried to keep Gold from rising it continues to gain ground with August Gold at $1,340.40, up $3.60 after reaching $1,342.70 with the low at $1,335.90. Silver is higher as well with the trade at $14.80, 4.7 cents above yesterday’s Comex close after reaching up to $14.835 with a low we wish to never see again at $14.72. The US Dollar is trading at 96.925, down 4.5 points after dipping to 96.86 with a high at 96.985. All of this was done sometime before 5 am pst, the Comex open, and the London close.
Gold, under the Venezuelan Bolivar, is now at 13,387.25, rising 9.99 Bolivar with Silver at 147.815, continuing its gain by adding another 1.25 Bolivar in the overnight. In Argentina, the Peso has Gold priced at 58,519.65 taking back some of gains to the tune of 1,330.33 Pesos with Silver trading at 646.086 pulling back 14.166 Pesos. Over in Turkey, and under the Lira, Gold is priced at 7,855.90 adding 97.47 of value with Silver adding 1.194 of T-Lira value with its price at 86.7713, showing us 2 out of 3 emerging market currencies approve the holding of physical Silver and Gold. Ask your broker or pharmacist, if real physical Silver and Gold is right for you.
The June Silver Delivery System has been stymied since the last purchase was made over a week ago with the count stuck at 2 and with Zero Volume up on the board so far today. Commercial Signal Failure is what we’re looking for here in our Comex Silver market, and the only way that can happen is when the buyers take on the organized and algo control currency systems put in place in order to make currencies look better, but only on paper. Silver’s Overall Count continues to gain more shorts in order to stay the price with the count now at 230,191 Overnighters adding an additional 4,013 more shorts to the mix. What counts the most is who blinks first here, if that physical buyer comes in, it could be our boon, if so, these Resolute Longs will own the field of play and we’re off to newer highs. What could go wrong? The longs could panic first and we start again, rinse, wash, and repeat, until someone runs out of physical at these below all mining costs prices.
Yesterday was chock a block full of intrigue as Veritas Videos, the ones that fully exposed the shenanigans of a certain party trying to use intimidation along with MI5 & 6 foreign intrusions (and still they failed) has now been removed from Youtube, Twitter, et al. because one of their leaker's hit a Big Red Hot Button and hard. Veritas exposed Pinterest, (who) added Bible verses to a “sensitive terms” list and censored a major pro-life website as “pornography.” What we have here is a small group of “knowledge nazi’s” inside these software development companies, trying to keep their works secret because it will expose more of the games these socialist groups, who also work with government agency contacts, and the main stream media, proving all of them are going against the masses. They are all working together to block the flow of data they oppose. Veritas also won a major case brought into court by the Vetter supporters, totally exposing the fact that Veritas DID do its work proper, proving the DNC was acting in a criminal way, making the future court cases more interesting because Veritas did it all right! You should hear the way the judge talked to the prosecution before You Tube blocks it too.
As of this morning, tankers are torpedoed at the Strait of Hormuz, looking like someone is trying to create an international crisis again. Paul Tudor Jones likes Gold again and for the next 2 years, at the same time UK's MI5 is Accused Of "Extraordinary & Persistent Illegality" Over Mishandling Of Bulk Data Collection, but somehow missed using the names Christopher Steele, Hillary Clinton, or those that lost their jobs, intruding on other nations elections, but it’s easy to combine if you've been following along.
Still, we have our “Resolute Longs” in play, and possibly a physical buyer who seems to be gauging his orders as he’s forced to pay higher premiums than those that paper, and against the shorts who will run out of ammo once the buyer(s) take away Comex supplies! Let us support the Resolute Longs as they keep the precious metals strong! Have a great day, keep a positive thought in your head, and hold onto the physicals … all of this will help you to …
Stay Strong!
J. Johnson